Method of selling and obtains possession, but the seller retains the title.
Siding made out of aluminum, plastic derivates, or cement asbestos having ridges and valleys which is attached to the sides of buildings. ...
Under current tax law, real estate is depreciated under either the straight-line method or modified accelerated cost recovery system (MACRS) method. See also MACRS. ...
Urbanized area in and around a major city. The metropolitan area may overlap county and state boundaries and may encompass a city, its suburbs, and the orbit of its social and economic ...
The person identified to receive the benefit of property held in trust. ...
Section of the Internal Revenue Code that addresses tax-free exchanges of certain property. The general provisions for a tax-free exchange of real estate are that the properties must be ...
Bank financing to a homeowner based on his dollar equity in the home. The interest rate typically fluctuates such as being based on the change in the prime interest rate. Interest expense ...
In commerce and business, margin as a general term is defined as by the difference between the amount of money spent on a product and the selling price of it. The margin usually appears as ...
See assumption of mortgage; deed of trust. ...
From the beginning, basements were not built to provide living space but a place to hide plumbing, wires and water boilers. Home buyers are always interested in the gross living area of a ...
The meaning of appraised value is the evaluation of a property by a professional appraiser at the time of a mortgage origination process. The financing institution usually chooses the ...
Bethesda is a small city located in Montgomery County, with a population of about 60,000 people. The city is just a stone’s throw away from the capital city of the US, Washington DC ...
Having a good job market in the area you are living is an important aspect that could impact your way of life or whether you decide to relocate in the near future. Job opportunities are one ...
We all aim for a debt-free retirement that comes with the peace of mind of no longer making payments. Mortgage payments are included there, and retiring with further payment required on ...
When moving to a new place, most adults do a great deal of research to find out what to expect from their potential new home. If you’re moving to Port Charlotte, you’re probably ...
What is a good credit score ? In 2020, our credit score is an essential and integral part of our financial lives. Replacing outmoded concepts like a good reputation and an unbroken word of ...
Everyone in your family thinks they know how to take pictures to sell your house, right? They say you shouldn’t spend money hiring a professional photographer since you are already ...
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